New Upward Trend in Home Sales for Fairbanks Ranch Real Estate Market

The Fairbanks Ranch market saw sales reduction 22.2% this week but it is currently in the midst of a new upward sales trend, including seven homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should note that prices are coming down in Fairbanks Ranch, and for this period the median sales price slid from $2,375,000 to $2,300,000. With decreasing sales and the availability of 11 months of inventory, Fairbanks Ranch is a strong buyer's market.

Without price being a factor in your decision, these are the top homes being listed in Fairbanks Ranch:

$18.5M   $12.8M   $10.7M  

Get started right now by checking out Fairbanks Ranch homes for sale or reviewing Fairbanks Ranch real estate trends.

Demographic facts for Fairbanks Ranch:

  • The population growth rating is 70. (Scale: 1 = Worst, 100 = Best)
  • You can expect to pay property taxes at a rate of $7.35/$1,000.
  • People in this area have a commute time breakdown of: <15 min (19.4%), 15-29 min (35.9%), 30-44 min (34.7%), 45-59 min (8.1%), >60 min (1.9%).

Data reported through 10/12/2016

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Pacific Sotheby's International Realty
11 reviews
Bennion Deville Homes
Snapped 2 homes in this area
Shore Point Real Estate
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